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Cochlear Limited (ASX: COH) is a global leader in implantable hearing solutions, introducing its next-generation Cochlear™ Osia® System. The new OSI300 Implant allows MRI scans at 3.0 T without surgery, benefiting those with conductive hearing loss, mixed hearing loss, and single-sided sensorineural deafness. With a focus on meaningful innovation, Cochlear's products aim to provide excellent hearing outcomes, ease of use, and reliability.
The company's portfolio includes cochlear implants, bone conduction implants, and acoustic implants, offering solutions for moderate to profound hearing loss. Cochlear, founded in 1981, has provided over 700,000 implantable devices in more than 180 countries, transforming lives through improved hearing. With a commitment to ongoing research and development, Cochlear continues to lead the way in hearing technology.
Cochlear North America has announced eight winners of its 2025 Academic Scholarships on International Cochlear Implant Day. The recipients, all users of Cochlear™ devices, were selected for their leadership, humanity, and academic excellence.
Five students received the Graeme Clark Scholarship, now in its 23rd year: Emily E. (Speech-Language Pathology), Farah B. (Neuroscience), Grace F. (Occupational Therapy), Kaitlin C. (Pre-med), and Sophie G. (Education). Three students were awarded the Anders Tjellström Scholarship, in its 14th year: Dylan G. (Neuroscience/Psychology), Nathaniel G. (Government/Economics), and Zachary M. (Electrical Engineering/MBA).
Each scholarship recipient will receive $2,000 annually for up to four years at an accredited college or university, totaling $8,000 per student. The total scholarship funding for 2025 amounts to $64,000.
Cochlear, the global leader in implantable hearing solutions, highlights the Crosby family's journey during Healthy Aging Month. Herbert O. Crosby Junior (Butch), a former lineman and Vietnam veteran, experienced severe hearing loss due to prolonged exposure to loud noises. His daughter, Dr. Gina Crosby-Quinatoa, a Speech-Language Pathologist, recognized that her father could benefit from a cochlear implant.
In September 2022, Medicare expanded its coverage criteria for cochlear implants, allowing Butch to qualify for the procedure. He received a Cochlear™ Nucleus® 8 Sound Processor on December 28th, 2022, and was activated on January 23rd, 2023. The implant has significantly improved Butch's quality of life, enabling him to participate in social gatherings and enjoy conversations again.
Cochlear, along with members of the Australian Hearing Hub, including National Acoustic Laboratories and Macquarie University, has initiated a groundbreaking collaboration with Google to develop innovative solutions to address hearing loss. This multi-year project will leverage artificial intelligence and machine learning to create personalized hearing devices, targeting environments with complex soundscapes. Additionally, experts have released the first international guidelines for cochlear implant eligibility, aiming to improve screening and referral practices. Currently, only 3 out of 100 adults who could benefit from these implants actually receive them, highlighting the need for better awareness and access.
Cochlear Limited (ASX: COH) announced the winners of its 2023 Graeme Clark, Anders Tjellström, and new Vocational Scholarships, recognizing outstanding leaders in the hearing loss community. The scholarships, totaling $60,000 this year, support students in their academic and vocational pursuits. Recipients include Emily DeMieri, Blessed Mbogo, Gavin Morrobel, and Selena Zou, among others. Cochlear has awarded over $1 million in scholarships since 2002, empowering recipients to reach their career goals. The introduction of the Vocational Scholarship aims to support diverse career paths for Cochlear recipients.
Cochlear has introduced support for Audio Streaming for Hearing Aids (ASHA) on compatible Fire TV devices, marking a significant step for users of Cochlear hearing implants. This innovation allows direct streaming of audio from Fire TV to Cochlear sound processors, enhancing accessibility for individuals with hearing loss. ASHA support is available for devices such as the Nucleus® 8 and Baha® 6 Max Sound Processors. With over 1.5 billion people affected by hearing loss globally, this development aims to improve the entertainment experience for a substantial audience. This announcement coincides with International Cochlear Implant Day on February 25, 2023.
Cochlear Limited has received FDA approval for the Cochlear Nucleus 8 Sound Processor, the smallest and lightest behind-the-ear cochlear implant processor. This innovative device is the first to support Bluetooth LE Audio technology, enabling direct connectivity to consumer electronics. It features enhanced Smart Sound technology for automatic environmental adjustment and ForwardFocus+ for clearer conversations in noisy settings. The device will be available in the U.S. and Canada by the end of 2022, further solidifying Cochlear's leadership in the implantable hearing solutions market.
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